Champion came thru
11-10-2018, 12:26 PM
#16
Sure, completely agree in that were all happy for the people that wanted cars. Its just the principle of the matter it seems almost too easy - but, there is some settlement in the end which is better than nothing. Just thinking of the frustrations in trying to get the car and what this all took, almost seems too easy for Champion at this point that they will have minimal skin in the game in the end and since they've sold all of the cars - we can continue to see "#1 dealer in America" all over from them. Thats what gets me in the end.
11-10-2018, 12:50 PM
#17
Sure, completely agree in that were all happy for the people that wanted cars. Its just the principle of the matter it seems almost too easy - but, there is some settlement in the end which is better than nothing. Just thinking of the frustrations in trying to get the car and what this all took, almost seems too easy for Champion at this point that they will have minimal skin in the game in the end and since they've sold all of the cars - we can continue to see "#1 dealer in America" all over from them. Thats what gets me in the end.
11-10-2018, 04:54 PM
#18
Not my place to decide that - but completely agreed that the customers should be taken care of to where they are satisfied. Im not trying to draw conclusions but it almost seems as there is no recourse towards Champion for an oversight on their end. Take care of the customers, they are doing that which is great - but does it seem fair that they get to retain their "#1" status with no penalty from PCNA or penalty?
11-11-2018, 12:46 AM
#19
RL Community Team
Rennlist Member
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Seems like an interesting deal for Champion:
- Employed someone who ends up taking deposits outside of Champion accounts
- To date they sell the cars that were promised (which they make money on), and refund the ADM amount that was taken from the client (which again they profited on the sale of the car so debatable how much out of pocket this will cost)
- They gain the rights to pursue the sales person solely I'm assuming in the signed docs by the clients once they receive their car and ADM back, and are free to recover whatever they are able in the long run - which again will be profit back to them to some degree because they've sold the cars and paid out the clients already
Sorry, doesn't seem right to me that they get to play the victim and use the cars as leverage to buy out the people that were really damaged and at risk, which it sounds like is being done.
- Employed someone who ends up taking deposits outside of Champion accounts
- To date they sell the cars that were promised (which they make money on), and refund the ADM amount that was taken from the client (which again they profited on the sale of the car so debatable how much out of pocket this will cost)
- They gain the rights to pursue the sales person solely I'm assuming in the signed docs by the clients once they receive their car and ADM back, and are free to recover whatever they are able in the long run - which again will be profit back to them to some degree because they've sold the cars and paid out the clients already
Sorry, doesn't seem right to me that they get to play the victim and use the cars as leverage to buy out the people that were really damaged and at risk, which it sounds like is being done.
11-11-2018, 07:58 AM
#21
Rennlist Member
Glad people got their ADM cash back as a good result and dealer made it happen relatively quickly. The dealer may have insurance to protect against fraud to cover these refunds, but who knows.
Very difficult to assess financial damages to each person but a set formula could be devised on a pure cash lost basis on interest, but difficult to determine as most people probably agreed to place deposits with variable unknown timetables for delivery, etc ....no need for all this consternation...
People got cars at MSRP which is better than their first actions...
I don't think that Champion wanted this bad publicity...and will lose a small percentage of sales temporarily...
Knowing some of the RL value focus threads...the 20 some Cars obtained involved in the Champion scandal will hold their value better...
Very difficult to assess financial damages to each person but a set formula could be devised on a pure cash lost basis on interest, but difficult to determine as most people probably agreed to place deposits with variable unknown timetables for delivery, etc ....no need for all this consternation...
People got cars at MSRP which is better than their first actions...
I don't think that Champion wanted this bad publicity...and will lose a small percentage of sales temporarily...
Knowing some of the RL value focus threads...the 20 some Cars obtained involved in the Champion scandal will hold their value better...
11-11-2018, 08:33 AM
#22
Not my place to decide that - but completely agreed that the customers should be taken care of to where they are satisfied. Im not trying to draw conclusions but it almost seems as there is no recourse towards Champion for an oversight on their end. Take care of the customers, they are doing that which is great - but does it seem fair that they get to retain their "#1" status with no penalty from PCNA or penalty?
do we as a country just find the need to punish someone who did their best to rectify a bad situation? Sue Champion even though their reputation took a major hit but their customers all seem satisfied with how they were treated. Yup. Makes sense.
Last edited by Yippiekiaye; 11-11-2018 at 09:04 AM.
11-11-2018, 08:51 AM
#23
champion has loss of reputation and business. But the customers who were actually stolen from were made while.
do we as a country just find the need to punish someone who did their best to rectify a bad situation? Sue Champion even though their reputation took a major hit but their customers all seem satisfied with how they were treated. Yup. Makes sense.
11-11-2018, 12:04 PM
#24
Rennlist Member
champion has loss of reputation and business. But the customers who were actually stolen from were made whole.
do we as a country just find the need to punish someone who did their best to rectify a bad situation? Sue Champion even though their reputation took a major hit but their customers all seem satisfied with how they were treated. Yup. Makes sense.
Some folks cant leave well enough alone. The buyers only deserved to be put in as good of position as they originally bargained for. Heck, it sounds like the buyers ended up better off...they originally bargained to pay an ADM and get the car. They ended up getting the car and the ADM refunded.......
11-11-2018, 03:58 PM
#25
Racer
Not true for all,
Besides getting the deposit back, some did not get an actual car but probably got compensated by another way.
Regardless, congrats OP, glad things worked out for you as it did for me in the end.
Jack
Besides getting the deposit back, some did not get an actual car but probably got compensated by another way.
Regardless, congrats OP, glad things worked out for you as it did for me in the end.
Jack
11-11-2018, 07:48 PM
#26
Not my place to decide that - but completely agreed that the customers should be taken care of to where they are satisfied. Im not trying to draw conclusions but it almost seems as there is no recourse towards Champion for an oversight on their end. Take care of the customers, they are doing that which is great - but does it seem fair that they get to retain their "#1" status with no penalty from PCNA or penalty?
11-11-2018, 10:21 PM
#28
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Champion sells more new Porsches than any dealer in the world, and they do it with high CSI. That achievement is not accidental nor a fluke; it’s an extremely well run dealership, despite this recent episode. In other words, It’s perfectly appropriate for them to call themselves #1.
11-11-2018, 10:26 PM
#29
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As a prior customer at Champion, I was offered 30k over from my legit S.A. for a 3RS, declined and bought a TTS instead. I wish I had worked with Shiraaz.
02-09-2019, 12:41 PM
#30
Not my place to decide that - but completely agreed that the customers should be taken care of to where they are satisfied. Im not trying to draw conclusions but it almost seems as there is no recourse towards Champion for an oversight on their end. Take care of the customers, they are doing that which is great - but does it seem fair that they get to retain their "#1" status with no penalty from PCNA or penalty?
I don't understand your perspective here. Your still not happy? What would it take for the situation to be rectified to your standards?
Take this in for a second...
1. Dealership...doesn't matter which, pays an employee to do a job.
2. Employee figures out a quick way he can scam clients
3. Employee runs.
4. Everyone blames the dealership.
5. The dealer is doing everything in their power to rectify the situation, including refunding deposits that the employee ran off with and getting allocations.
6. YOU ARE STILL NOT HAPPY.
Should they have had a crystal ball to see all this happening before hand? The sole reason this guy was able to pull this off was his standing with the dealership(10+years) and being on the inside to see dealership process for payments etc. I am sure most people can find a way to steal from any company after working there long enough, just most people choose not to. Can't blame a dealership for having an employee desperate enough to go through with it. Sure you can blame them for not catching on, but if this guy was able to scam what I would say would be the one percenters of of the world. Who can't all be stupid. I would assume he can just as easily mislead management and co-workers who have been working with him for 10+years and trust him.
At the end of the day, this is costing owners/management serious money. For someone else's stupidity and unethical behaviour. Put yourself in their shoes. Doesn't matter if you agree with their business practices or not.